Grace Berkery, director of startup engagement at Mastercard, thinks the fall of FTX will eventually be good for the industry.
“I think this is an opportunity and time to reset.” TechCrunch Berkery reportedly said at Benzinga’s Future of Crypto Event, “At Mastercard, we believe there are many benefits to underlying technology. There was a lot going on.”
She added that investors may view NFT and metaverse efforts as a huge opportunity. Especially if these projects increase customer engagement and loyalty. New institutional investors joining will be more aware of future due diligence on their partners.
Mastercard also built the tool, launching Crypto Secure in October. The platform uses artificial intelligence to detect risks associated with crypto exchanges in Mastercard’s payment processing.
refer : LINK
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